Is there any cap up to BNPL debit is allowed?

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• What are the charges for BNPL order?

  After the BNPL trades are pledged, we'll charge an interest of 18.25% per year (or interest rate agreed with IIFL Capital) on the borrowed amount. The interest will be debited on a weekly basis.

• How to activate BNPL?

  To activate BNPL: Mobile App: Log in to the IIFL Markets app. Tap on your Client Code from the hamburger menu. Select View/Edit Details. Navigate to “My Profile,” tap on the BNPL icon, Tick the checkbox confirming that you have read and accepted the ...

• How to avail BNPL?

  Client can choose the product "BNPL" and place a buy order. After that the shares will be auto-pledged by the system.

• Which categories of clients are allowed to register for TSBM?

  A client will only be eligible for switching to TSBM if the client meets all the below requirements: Resident individuals and Hindu Undivided Families (HUFs) who settle their trades with IIFL Capital. If such a client has appointed a Custodian ...

• How much exposure is allowed?

  IIFL allows up to 5X of exposure in equity segment depending upon IIFL defined category of the scrip and product of the order. Please check the category of scrip and exposure allowed before placing the order. Exposure also differs for delivery and ...